Suppose the following information (in thousands of dollars) is available for H. J. Heinz Company-famous for ketchup
Question:
Prepaid insurance..............................$ 125,765
Buildings.......................................$4,033,369
Land..................................................76,193
Cash................................................373,145
Goodwill.........................................3,982,954
Accounts receivable............................1,171,797
Trademarks.........................................757,907
Accumulated depreciation-buildings.......2,131,260
Inventory.........................................1,237,613
Instructions
Prepare the assets section of a classified balance sheet, listing the items in proper sequence and including a statement heading.
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